A native of San Francisco, Christian Molinari has lived and worked in Chile for over 20 years, after having arrived in Santiago as a volunteer and falling in love with the culture and its people. He covered business news in Latin America for over a decade, worked in communications at IBM Chile, and currently freelances in strategic communications and reporting.
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Chilean salmon-farming firm Multi X’s consolidated losses in the first quarter of 2024 more than trebled year over year, with the company posting a net loss of USD 9.5 million (EUR 8.7 million) compared to a net loss of USD 2.7 million (EUR 2.5 million) in the same quarter of 2023, as lower market prices coupled with falling sales volume affected performance.
Multi X’s Q1 2024 operating revenues came in at USD 165 million (EUR 152
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The Chilean salmon-farming industry is seeking participation from global pharmaceutical companies to help it reduce its antibiotics use.
The Yelcho Project was launched in March 2024 to foster collaboration in an attempt to reduce the Chilean salmon-farming industry’s use of antibiotics, while simultaneously increasing vaccines to prevent bacterial diseases. It markets itself as the first public-private partnership of its kind between
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The bacterial disease salmon rickettsial syndrome (SRS) has been a major impediment toward the Chilean salmon-farming industry's achievement of its pledge to reduce its antibiotic usage 50 percent by 2025.
Through the Yelcho Project, which was launched in March 2024 as part of a larger collaboration to push for a reduction in the industry’s use of antibiotics, the industry is seeking to apply lessons from Chile's highly successful
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